Spanish Iberia Airline on its way to profits

Following its merger with British Airways, which claimed around 4,500 jobs, Iberia, British Airways’ partner in IAG, is on its way back to profits in 2014 after the last year’s heavy losses for IAG (International Airlines Group).

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An Iberia airplane takes off in front of the Two Quio Towers on September 5, 2014 in Madrid, Spain. Iberia, British Airway's partner in IAG, is on its way back to profits in 2014 after last years heavy losses for IAG (International Airlines Group). Iberia had to restructure the company, which claimed around 4,500 jobs. The Spanish airline is working on new strategies and expanding its low-cost subsidiary 'Iberia Express'. (Getty Images)

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An Iberia airplane takes off in front of the Cuatro Torres (Four Towers) business area on September 5, 2014 in Madrid, Spain. Iberia, British Airway's partner in IAG, is on its way back to profits in 2014 after last years heavy losses for IAG (International Airlines Group). Iberia had to restructure the company, which claimed around 4,500 jobs. The Spanish airline is working on new strategies and expanding its low-cost subsidiary 'Iberia Express'. (Getty Images)

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An Iberia airplane takes off in front of the Cuatro Torres (Four Towers) business area on September 5, 2014 in Madrid, Spain. Iberia, British Airway's partner in IAG, is on its way back to profits in 2014 after last years heavy losses for IAG (International Airlines Group). Iberia had to restructure the company, which claimed around 4,500 jobs. The Spanish airline is working on new strategies and expanding its low-cost subsidiary 'Iberia Express'. (Getty Images)

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Members of the platform against the dismantling of Spanish airline Iberia protest against the company's plans to slash 3,800 jobs and cut salaries following its merger with British Airways in front of the Bankia headquarters in Madrid on May 9, 2013. (AFP/Getty Images)

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Demonstrators wearing prisoner costumes protest against Bankia's plan to cut 3,800 jobs following its merger with British Airways, outside a Bankia office on May 9, 2013 in Madrid, Spain. Protesters used social networks to organize protests at Bankia's offices today. Spanish nationalized bank Bankia is the largest shareholder of International Airline Group (IAG) owning 12 percent stake, worth 740 millions Euros. (Getty Images)

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A striker of Spanish airline Iberia holds a placard as she demonstrates at Barcelona's El Prat airport in El Prat de Llobregat on March 6, 2013. Workers at Spanish airline Iberia launched a second round of strikes against mass job cuts forcing the cancellation of some 250 flights. (AFP/Getty Images)

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Iberia workers march towards Barajas airport during a strike on March 4, 2013 in Madrid, Spain. Iberia workers have begun the second round of five day strikes in protest at plans by holding company IAG (International Consolidated Airlines Group), formed by the 2011 merger of Iberia and British Airways, to implement redundancies and pay cuts across the troubled Spanish airline. The strike is estimated to cause the cancelling almost 1,300 flights this week, with a final round of five day strikes planned for March 18 to 22. (Getty Images)